Magazine

The precipitous 21% plunge in crude oil prices in July has renewed the very bearish sentiment that was evident early in the year. The $6 billion loss reported by BP p.l.c. (BP) early this morning will not help the sentiment.
Though most of the population celebrates the low gas prices and the recent collapse in diesel prices investors who are still holding on to some of the high yielding energy giants are not happy. Many are wondering if they should sell now or just continue to hold on. Others[...]
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Lets go over the one huge macro issue that Baidu is staring in the face right now; the elephant in the room so to speak. It's whats going on in the Chinese markets right now. The worst sell-off today in over 8 years is what has hammered Baidu today going into its June quarter earnings this afternoon after the close of trading. ( i am long BIDU, GOOGL, options)
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LONDON -- Stocks in China plunged more than 8% on Monday amid investors' fears that authorities in Beijing may consider pulling back from their recent, extraordinary measures to prop up Chinese share prices.
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Chinese markets were down almost 9% today as worries about a September hike in US interest rates, the Fed meeting this week, growing concern about their own economy slowing down thanks to Fridays PMI data there and profit-taking led to the worst one day decline in over 8 years.
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LONDON — Amid concerns over slower global growth rates, a slump in commodity prices, the ongoing crisis in Greece and worries about the sustainability of China’s juiced stock markets, the week ahead is packed full of potentially market-moving news.
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